458 Quotes by John Kenneth Galbraith

Do not be alarmed by simplification, complexity is often a device for claiming sophistication, or for evading simple truths.

In all modern depressions, recessions, or growth-correction, as variously they are called, we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided.

All successful revolutions are the kicking in of a rotten door.

A wrong decision isn't forever; it can always be reversed. The losses from a delayed decision are forever; they can never be retrieved.

Conscience is better served by a myth.

Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.

Unemployment is rarely considered desirable except by those who have not experienced it.

A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.

What is called a high standard of living consists, in considerable measure, in arrangements for avoiding muscular energy, for increasing sensual pleasure and enhancing caloric intake above any conceivable nutritional requirement.